Experience

• • TD Securities and J.P. Morgan Securities, as representatives of the initial purchasers, in the offer and sale by Beacon Funding Trust of $1.25 billion of pre-capitalized trust securities redeemable August 15, 2054.
  • S&S Activewear, a Clayton, Dubilier & Rice portfolio company, in its acquisition of alphabroder, including a financing of $1.175 billion, consisting of a $600 million senior secured notes offering, $575 million pari senior first lien secured term loans and an upsize to the ABL credit agreement to a total $800 million facility.
  • Wilsonart, a Clayton, Dubilier & Rice portfolio company and engineered surfaces company, in its $1.8 billion refinancing consisting of a $1.1 billion Senior Secured Term Loan Facility, $500 million senior notes offering and $250 million Senior Secured Revolving Facility.
  • Ambac in the $420 million sale of its legacy financial guarantee businesses, Ambac Assurance Corporation and Ambac UK, to funds managed by Oaktree Capital Management.
  • Ambac in the financing aspects of its acquisition of a majority stake in Beat Capital Partners in a transaction valued at approximately $282 million.
  • Konica Minolta, a Japanese multinational equipment and materials manufacturer operating in the healthcare and industrial industries, in the sale of its subsidiary Invicro to Calyx, a portfolio company of CapVest and leading technology-enabled provider.
  • Sawai and Sumitomo in the $210 million sale of its subsidiary Upsher-Smith Laboratories to Bora Pharmaceuticals.
  • Kelso & Company and its portfolio company, BradyIFS, in the merger of BradyIFS and Envoy Solutions, which includes a new strategic and financial partnership with Warburg Pincus and its affiliate funds.
  • TPG in its acquisition of a majority interest in OneOncology, a network of leading oncology practices, in a transaction valued at $2.1 billion.
  • Kelso & Company in its investment in Pathstone, an independently operated, partner-owned advisory firm offering comprehensive family office services.
  • Providence Equity Partners in its investment in a multi-decade lease for nine marquee billboards at Two Times Square and 1600 Broadway from Universal Branding Group.